SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Waiting For the Big Kahuna.... UP!!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (210)5/30/2000 12:36:00 PM
From: pater tenebrarum  Read Replies (1) of 391
 
ok...lets see if we can come up with some more bullish arguments here. oh yes, the inverted yield curve and the blow-out of credit spreads. the former indicates a recession is coming...always bullish for stocks, as earnings decline and we can proceed to beat lowered expectations. the latter speaks of stresses in the credit markets, which are fearful of a liquidity crunch and a wave of defaults. that's also bullish, because it will give rise to another bail-out occasion, where Al can once again prove his printing prowess.
margin debt is near all time highs...i'm not sure exactly why this is bullish, but i'm sure that it is.
junk bond defaults and personal bankruptcies are also at all time highs...that has to be bullish in the long term, for reasons unknown.
all over the world peripheral currencies are imploding...a bullish sign, as it means capital is flowing into the US.
the best thing the bulls can hope for however is a crash in the dollar...that would be bullish because it would make US assets cheap on a relative basis, and would thus attract even more capital.
we should also look forward to a very bullish sharp rise in inflation...as that would provoke Al into ordering more of his bullish rate increases.

did i forget anything?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News